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human (OP)
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August 01, 2014, 04:21:54 PM
Last edit: August 14, 2014, 11:12:20 AM by human |
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Let's compile a list if currently pure 100% POS coins and other coins with other methods to secure a distributed blockchain without POW.
I'll make the start:
Blackcoin
X15
NXT
Quora
Bitshares
Peershares? Is this real?
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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ChuckOne
Sr. Member
 Offline
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
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August 01, 2014, 04:23:48 PM
Last edit: August 01, 2014, 04:39:54 PM by ChuckOne |
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Qora.
NODE aka NXTL.
BitShares.
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human (OP)
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August 01, 2014, 08:53:23 PM |
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Qora.
NODE aka NXTL.
BitShares.
NODE does not exist AFAIK. BitShares, they had mining at the beginning. Can not find quickly whether they are still doing POW and just talking/writing about DPOS... there is a lot of vaporware in cryptoland. |
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billotronic
Legendary
Offline
Activity: 1610
Merit: 1000
Crackpot Idealist
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August 01, 2014, 09:08:32 PM |
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boxuser
Sr. Member
Offline
Activity: 322
Merit: 250
Credits CRD 1st Decentralized Exchange coin
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August 01, 2014, 10:54:49 PM |
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whats so great about POS anyway?
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GreenBacksTeam
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August 01, 2014, 11:02:04 PM |
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GreenBacks will be 100% POS when it comes out. Not going to try to persuade anyone into supporting it now, we'll let our ann and whitepaper do the talking for us.
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GreenBacks: A Complete Currency - Launching Soon!
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billotronic
Legendary
Offline
Activity: 1610
Merit: 1000
Crackpot Idealist
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August 02, 2014, 02:31:39 AM |
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whats so great about POS anyway?
Well in my very biased and bigoted opinion, PoW does nothing but waste a fuck ton of electricity which regrettably is usually made by the burning of fossil fuels (or worse). PoS on the other hand, can be fully utilized on something as basic as a Raspberry Pi that can easily be solar powered for a 'reasonable' amount on money. I say reasonable in the sense that it would be insanely cost prohibitive to power a GPU card or ASIC via solar cells for generation of coins/network health. You want to use crypto currency to change the world, its much more feasible to connect the world with pi's then a gpu farm. [edit] Or wind etc... maybe a pig farmer could burn enough methane to make it profitable but thats getting pretty far fetched. |
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merockstar
Full Member
Offline
Activity: 203
Merit: 100
BTS: merockstar420
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August 02, 2014, 04:53:57 AM |
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Qora.
NODE aka NXTL.
BitShares.
NODE does not exist AFAIK. BitShares, they had mining at the beginning. Can not find quickly whether they are still doing POW and just talking/writing about DPOS... there is a lot of vaporware in cryptoland.vaporware: https://github.com/dacsunlimited/bitsharesx/releases/Transactions confirm instantly. DPOS works beautifully so far. |
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meganite
Newbie
Offline
Activity: 48
Merit: 0
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August 02, 2014, 05:22:38 AM |
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whats so great about POS anyway?
Well in my very biased and bigoted opinion, PoW does nothing but waste a fuck ton of electricity which regrettably is usually made by the burning of fossil fuels (or worse). PoS on the other hand, can be fully utilized on something as basic as a Raspberry Pi that can easily be solar powered for a 'reasonable' amount on money. I say reasonable in the sense that it would be insanely cost prohibitive to power a GPU card or ASIC via solar cells for generation of coins/network health. You want to use crypto currency to change the world, its much more feasible to connect the world with pi's then a gpu farm. [edit] Or wind etc... maybe a pig farmer could burn enough methane to make it profitable but thats getting pretty far fetched. +10^6 |
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juicyjuice87
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August 02, 2014, 05:39:43 AM |
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whats so great about POS anyway?
Well in my very biased and bigoted opinion, PoW does nothing but waste a fuck ton of electricity which regrettably is usually made by the burning of fossil fuels (or worse). PoS on the other hand, can be fully utilized on something as basic as a Raspberry Pi that can easily be solar powered for a 'reasonable' amount on money. I say reasonable in the sense that it would be insanely cost prohibitive to power a GPU card or ASIC via solar cells for generation of coins/network health. You want to use crypto currency to change the world, its much more feasible to connect the world with pi's then a gpu farm. [edit] Or wind etc... maybe a pig farmer could burn enough methane to make it profitable but thats getting pretty far fetched. What a champ |
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testz
Legendary
Offline
Activity: 1764
Merit: 1018
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August 02, 2014, 08:30:30 AM |
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madawc
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August 02, 2014, 08:45:54 AM |
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+1 BitsharesX
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